JPMorgan Municipal ETF (BATS:JMUB) Stock Position Raised by FORVIS Wealth Advisors LLC

FORVIS Wealth Advisors LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 40.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 727,190 shares of the company’s stock after acquiring an additional 209,487 shares during the quarter. JPMorgan Municipal ETF makes up approximately 0.9% of FORVIS Wealth Advisors LLC’s holdings, making the stock its 21st biggest holding. FORVIS Wealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $36,898,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. ICA Group Wealth Management LLC bought a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth about $40,000. Hazlett Burt & Watson Inc. bought a new position in JPMorgan Municipal ETF in the 4th quarter worth about $51,000. Carmichael Hill & Associates Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $70,000. GoalVest Advisory LLC bought a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at approximately $79,000. Finally, McIlrath & Eck LLC acquired a new position in shares of JPMorgan Municipal ETF during the third quarter worth approximately $102,000.

JPMorgan Municipal ETF Stock Up 0.2 %

JMUB traded up $0.12 during trading hours on Thursday, hitting $50.37. The company’s stock had a trading volume of 189,031 shares. The business’s fifty day moving average is $50.32 and its 200-day moving average is $50.56. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a dividend of $0.1482 per share. The ex-dividend date was Monday, July 1st.

JPMorgan Municipal ETF Company Profile

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.